/biz/ - Business & Finance

It's basically margin trading for normies.

Nimfamoney released their fully working platform yesterday, and it allows you to triple your investment money. Here's how it works:

1). Buy Nimfa tokens to take out the loan, let's say 25.

2). The platform gives you 50 in a loan (so you have 75 total)

3). Within their platform, you can buy ETH to invest in a series of coins they have available from the ED markets (more exchanges and coins to be added soon).

4). If you make profit and sell off your investment, you pay back the nimfa loan plus 10% of your profits (happens automatically via the platform). You get to keep the rest.

5). Your loan is only recalled if the price of the token you've invested in drops by more of the value of the nimfa you put in (basically your collateral). Given that you put 1 nimfa in to get 3 out, it means the token you invest in must drop by 33% before your loan is auto recalled.

Marketcap Comparison
>SALT: $650mil marketcap
>RCN: $215mil marketcap
>LEND: $180mil marketcap
>NIMFA: $2mil marketcap

Amazing devs who have followed their road-map to a tee for the past 2 years and did major rework to the platform as communities request.


The worst FUD anybody could come up with is that the devs are young (25) and that they are Russian....